Patrick Cantlay, the world’s fifth-ranked golfer, has announced that he will be parting ways with his hat sponsor, Goldman Sachs. According to DealBook, the bank opted not to renew its contract with Cantlay after three years of partnership.
Cantlay initially represented Goldman’s online consumer banking platform, Marcus on his headwear but more recently has featured just the Goldman name. The reason behind this change is not clear as Goldman spokesperson did not give any official statement regarding the matter.
This news comes after rumors swirled a couple of months ago that Cantlay was refusing to wear a hat at the Ryder Cup out of protest for not being paid to compete in the international team competition. However, Cantlay denied these claims and said that he wasn’t donning a hat because the team’s headwear didn’t fit well.
Additionally, Cantlay was also supposed to play the Hero World Challenge in two weeks in the Bahamas but he was taken off the final commitment list along with friend Xander Schauffele. It is unclear whether this incident had any impact on his decision to end his partnership with Goldman Sachs.